New-Car Sales Robust in May

Higher incentives, inventory drive demand as average price stays below MSRP.

Vehicle Affordability a Rising Concern

Average manufacturer retail price nearly $50K, with some models exceeding six figures and $75K pickups the norm.

Used Vehicle Prices Drop as Other Costs Remain High

The most recent Consumer Price Index from the U.S. Bureau of Labor Statistics shows a slight but promising decline in used car prices.

GM Seeks to Prevent Quick Flips of High Demand Vehicles

General Motors has asked its dealers to help prevent customers from quickly flipping high-demand vehicles and adding high markups.

Vehicle Sales Continue to Drop

Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.

TrueCar Dealers to Dislcose Doc Fees, Accessory Pricing

SANTA MONICA, Calif. — TrueCar’s “No Surprises” initiative requires TrueCar Certified Dealers to provide upfront information for all non-governmental fees as well as costs for dealership-added accessories alongside their stated MSRP. The company began the initiative to give customers a more transparent process when buying a new vehicle. “For most people, a new vehicle is ... Read More »

U.S. Auto Transaction Prices Highest Since '96-CNW